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Sovereign Court, Warham Road, Croydon
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- PROPERTY TYPE
Retirement Property
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- ONLY OVER 60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)
- SAVINGS against the full price of your selected property typically range from 6% to 49% for a Lifetime Lease
- Actual price paid depends on age and personal circumstances
- Purchase subject to property and/or lease review
- The plan allows customers to purchase a % share of the property value (UP TO 50%) to safeguard for the future
- CALL for a PERSONALISED quote, or use the CALCULATOR on the HOMEWISE website for an indicative saving
- The full listed price of this property is £140,000
Description
Through the Home for Life Plan from Homewise, those AGED 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value. OVER 60s customers typically save from 6% to 49%*.
Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £98,000 based on an average saving of 30%.
Market Value Price: £140,000.
The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.
For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website.
Please CALL for more information or a PERSONALISED QUOTE.
Please note: Homewise DO NOT own this property and it is not exclusively for sale through Homewise.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease, subject to lease review and individual circumstances/requirements.
If you would like to purchase this age-restricted property at the full market value of £140,000, please contact the estate agent Retirement Homesearch, London, Middlesex, Kent and Surrey.
PROPERTY DESCRIPTION
A ONE BEDROOM SECOND FLOOR RETIREMENT APARTMENT Sovereign Court was constructed by McCarthy and Stone (Developments) Ltd and comprises 39 properties in total, 30 of which are situated within the main building over three floors and 9 in a separate annexe over three floors. Both buildings are served by a lift. There is a Development Manager who may be contacted from various points within each property in the case of an emergency. For periods when the Development Manager is off duty there is the Appello call system to ensure that help is at hand 24 hours a day, 365 days a year. The apartment comprises an entrance hall, lounge, kitchen, one bedroom and bathroom. Being larger than the average one bed, it may be suitable for a couple. It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding Event Fees that may apply to this property.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Sovereign Court, Warham Road, Croydon
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Croydon Station0.2 miles
- George Street Tram Stop0.8 miles
- Church Street Tram Stop0.8 miles
About the agent
Homewise is a family run business and we have been helping people to find the right property for their needs for over 45 years. While our office is based in West Sussex, we help home-movers all over the country with our Home for Life Plan.
It’s a Lifetime Lease option which enables those aged 60 and over to secure their next property for less than the market value. By choosing a Lifetime Lease, our customers benefit from paying a one-off amount to live in the property of their choice fr
Industry affiliations
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 11637268. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Homewise, Covering England & Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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